Exclusive: ‘You want to be in a world where boards of directors look like the communities in which they exist’
The Church of England’s investment arm is to warn companies that they must do more to protect biodiversity and increase the ethnic diversity of their senior teams, or risk protest votes at upcoming shareholder meetings.
The Church Commissioners, which manages the religious group’s £8.7bn fund, will start sending letters outlining their demands to some of the worst offending companies in the fund’s investment portfolio by mid-February.
